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LA FORGE: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

LA FORGE

BE 0840.008.221
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€739
2023 · -€2,769+€2,031
Equity
€165,146
2023 · €165,885-€739
Cash
€11,923
2023 · €8,061+€3,862
Balance sheet total
€178,298
2023 · €178,338-€40

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€6,245

    down €6,245 (-6.2%), from €100,741 to €94,496

    of which Land and buildings: -€6,012

  • Cash +€3,862

    up €3,862 (+47.9%), from €8,061 to €11,923

    mainly Depreciation (+€6,245) and Accrued charges and deferred income (+€1,389)

  • Receivables within one year +€2,343

    up €2,343 (+3.4%), from €69,536 to €71,879

    of which Trade receivables: +€2,343

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin +€2,048

      up €2,048 (+36.1%), from €5,673 to €7,720

    From the 2023 result to the 2024 result

    effect on the result

    Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

    Result 2023 -€2,769
    Gross operating margin +€2,048
    Other operating charges -€15
    Financial income +€0
    Financial charges -€2
    Taxes -€0
    Result 2024 -€739

    Cash bridge derived

    cash 2023 to 2024

    Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

    From operations +€3,862
    Investment €0
    Financing €0
    Cash 2023 €8,061
    Net result for the year -€739
    Depreciation +€6,245
    Receivables within one year -€2,343
    Deferred charges and accrued income -€0
    Trade debts -€690
    Accrued charges and deferred income +€1,389
    Cash 2024 €11,923
    Every line side by side 37 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €178,338 €178,298 -€40 0.0%
    Fixed assets 21/28 €100,741 €94,496 -€6,245 -6.2%
    Tangible fixed assets 22/27 €100,741 €94,496 -€6,245 -6.2%
    Land and buildings 22 €99,609 €93,598 -€6,012 -6.0%
    Plant, machinery and equipment 23 €1,132 €899 -€233 -20.6%
    Current assets 29/58 €77,597 €83,802 +€6,205 +8.0%
    Amounts receivable within one year 40/41 €69,536 €71,879 +€2,343 +3.4%
    Trade receivables 40 - €2,343 +€2,343
    Other amounts receivable 41 €69,536 €69,536 = 0.0%
    Cash at bank and in hand 54/58 €8,061 €11,923 +€3,862 +47.9%
    Deferred charges and accrued income 490/1 €0 €0 +€0 +25.0%
    Total equity and liabilities 10/49 €178,338 €178,298 -€40 0.0%
    Equity 10/15 €165,885 €165,146 -€739 -0.4%
    Contributions 10/11 €8,060 €8,060 = 0.0%
    Reserves 13 €5,082 €5,082 = 0.0%
    Distributable reserves 133 €5,082 €5,082 = 0.0%
    Profit (loss) carried forward 14 €152,743 €152,004 -€739 -0.5%
    Amounts payable 17/49 €12,453 €13,152 +€699 +5.6%
    Amounts payable after more than one year 17 €750 €750 = 0.0%
    Other amounts payable 178/9 €750 €750 = 0.0%
    Amounts payable within one year 42/48 €11,589 €10,899 -€690 -6.0%
    Trade debts 44 €690 - -€690
    Suppliers 440/4 €690 - -€690
    Other amounts payable 47/48 €10,899 €10,899 = 0.0%
    Accrued charges and deferred income 492/3 €114 €1,503 +€1,389 +1215.1%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,245 €6,245 = 0.0%
    Other operating charges 640/8 €1,998 €2,013 +€15 +0.8%
    Gross operating margin 9900 €5,673 €7,720 +€2,048 +36.1%
    Operating profit (loss) 9901 -€2,570 -€538 +€2,032 +79.1%
    Financial income 75/76B €1 €2 +€0 +22.7%
    Recurring financial income 75 €1 €2 +€0 +22.7%
    Financial charges 65/66B €200 €202 +€2 +0.8%
    Recurring financial charges 65 €200 €202 +€2 +0.8%
    Profit (loss) for the period before taxes 9903 -€2,769 -€738 +€2,031 +73.3%
    Income taxes 67/77 €0 €0 +€0 +17.9%
    Profit (loss) for the period 9904 -€2,769 -€739 +€2,031 +73.3%
    Profit (loss) for the period to be appropriated 9905 -€2,769 -€739 +€2,031 +73.3%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.